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High-Tech Metals Limited ( (AU:HTM) ) has shared an update.
High-Tech Metals has launched an aggressive exploration push at the untested Bullock prospect, immediately north of its Wagtail deposit, targeting a Wagtail-style high-grade gold discovery along the same structural corridor, where rock-chip sampling has returned surface assays up to 14.2 g/t gold and historical work points to strong mineralisation. In parallel, mining contractor SSH Mining has begun desktop-level financial and development studies and will move into a Scoping Study following current infill drilling at Wagtail, while High-Tech plans drilling at the 75,000-ounce Damsel deposit to advance it to Mining Lease status, collectively signalling a concerted drive to transition the project cluster into near-term gold production and potentially enhance project economics through multi-deposit development.
The most recent analyst rating on (AU:HTM) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on High-Tech Metals Limited stock, see the AU:HTM Stock Forecast page.
More about High-Tech Metals Limited
High-Tech Metals Ltd (ASX: HTM) is an Australian gold-focused exploration and development company advancing the high-grade Wagtail and Damsel deposits in Western Australia, with a strategy centred on near-mine discoveries and fast-tracking assets on existing mining leases toward production.
Average Trading Volume: 69,293
Technical Sentiment Signal: Buy
Current Market Cap: A$17.81M
For an in-depth examination of HTM stock, go to TipRanks’ Overview page.